amankavi
Short

Manappuram - on dip reversal

NSE:MANAPPURAM   MANAPPURAM FINANCE
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If reversal then
TP = 98, 105
SL = 87 (Ignore the narration for TP mentioned in chart)
Audited result due on 25th May
Comment: Crossed 90. RSI also moving upwards
Rally for short term begins towards resistance level..
Trade active: Consolidation seen. Resistance level could be seen in another couple of days.
Trade active: Crossed 98 resistance level.. ✓
If the scrip manages to cross beyond 💯, 105 and beyond could be next
Trade active: Continuous buying and bulls have taken control after short reversal..Could see the scrip crossing resistance 2 soon..
Trade active: Nearing crucial resistance levels with strong bullish surge in the ascending surge

Bearish Divergences arent working on the trend..

Trade active: Resistance 2 target had been achieved and still holding the scrip till it is in ascending channel with minor corrections :)
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